Five Belgian Banks Join EPI to Launch Wero Wallet in 2025

July 8, 2025 • FinTech News
Five Belgian Banks Join EPI to Launch Wero Wallet in 2025

Five Financial Institutions Join EPI Network

The European Payments Initiative (EPI) has welcomed five new Belgian members – Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank. This expansion significantly strengthens the consortium’s position as it prepares for Wero wallet’s full 2025 launch across Europe.

Wero Wallet Gains Strategic Partners

These banks will implement Wero through:

  • Direct integration into existing mobile banking apps

  • Optional standalone payment application

Koen Spinoy of Beobank commented: “With mobile banking usage tripling since 2019, Wero’s instant P2P capabilities perfectly complement our digital transformation strategy.”

Three-Way Benefits of the Expansion

Consumers gain:
✓ Frictionless cross-border transfers
✓ Growing merchant acceptance
✓ Future e-commerce functionality

Participating banks benefit from:
✔ Reduced infrastructure costs
✔ Enhanced digital offerings
✔ Greater payment independence

For EPI, this means:
→ Expanded user base (40M+ currently)
→ Stronger network effects
→ Increased market credibility

Phased Rollout of Advanced Features

While currently focused on P2P payments, Wero’s development roadmap includes:

  1. Online checkout functionality (Late 2024)

  2. In-store QR code payments (2025)

  3. Subscription management tools (2026)

  4. Integrated loyalty programs (2026)

EPI CEO Martina Weimert explained: “Our phased approach ensures we deliver reliable, user-friendly solutions at each stage.”

Building Pan-European Payment Momentum

The Belgian expansion follows other significant developments:

  • Luxembourg bank partnerships (Q2 2024)

  • Revolut platform integration

  • Rapid adoption across three countries

“Each new partner enhances Wero’s value proposition,” Weimert added. “Local financial institutions bring crucial market expertise.”

Redefining European Payment Infrastructure

This collaboration represents:
• A major step toward payment sovereignty
• A viable alternative to global schemes
• Foundation for future innovations

With the 2025 launch approaching, EPI continues building critical mass to transform European payments.